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The certificate Dividend Stocks Bond 10 is based on the STOXX® Global Select Dividend 100 Price EUR Index. The certificate addresses security-oriented investors who want to protect themselves from negative price performances through capital protection of 100% at the end of the term.
FUNCTIONALITY
At the initial valuation date (closing price on May 31, 2023) the starting value and at the final valuation date (May 25, 2029) the final value of the underlying are determined. At the final valuation date the closing price of the final value is compared to the starting value and one of the following scenarios will apply:
1) Final value ≥ 100% of the starting value ⇒ Redemption at 153%
If the final value is greater or equal to 100% of the starting value, the certificate will be redeemed at the maturity date at 153% of the nominal value.
2) Final value < 100% of the starting value ⇒ Redemption at 100%
If the final value is below 100% of the starting value, the certificate will be redeemed at the maturity date at 100% of the nominal value.
The 100% capital protection by Raiffeisen Bank International AG only applies at the end of the term, i.e. during the term the certificate price may drop below 100%, but the investor obtains at least 100% of the nominal value at the maturity date.
Further information as well as the Key Information Document please find on the product page.
Details on the STOXX® Global Select Dividend 100 Price EUR Index as well as the current list of index members can be found on the website of the index provider STOXX Ltd.
For any additional information you may require do not hesitate to contact us on +43 1 71707 5454.
The Raiffeisen Certificates Team
